Poloniex to Ban New Hampshire Residents

Poloniex to Ban New Hampshire Residents

In a shock announcement, cryptocurrency exchange Poloniex announced it will suspend service to New Hampshire residents from October 6. New Hampshire Residents Must Withdraw Funds. Poloniex posted this announcement on its site: “Due to changes in New Hampshire’s regulatory statute as it applies to cryptocurrency, Poloniex will temporarily suspend New Hampshire account creation until further notice.” This means New Hampshire residents currently using Poloniex will need to close open orders and withdraw funds. This includes those with open margin positions. Poloniex is notifying all affected....


Related News

Bitcoin Regulations Force Poloniex to Suspend Operations in New Hampshire

Poloniex has announced temporary suspension of activities in New Hampshire, starting early next month. Bitcoin regulations are painful for both platforms and customers. The latest state to fall victim of Bitcoin regulations is the State of New Hampshire. Certain changes in the regulatory environment of the state have led Poloniex, one of the leading cryptocurrency exchanges to temporarily suspend its operations in the region. The suspension notice was posted yesterday on Poloniex website. According to the exchange, New Hampshire residents will not be able to open new accounts on the....

Industry Report: Poloniex Ditches NH, Santander Embraces Ethereum

Poloniex exiles New Hampshire, Santander joins hands with Ethereum, and a new copper gadget offers digital payments. Want to catch up on your latest digital currency and tech news? Read the stories below. POLONIEX. Digital currency exchange Poloniex is suspending all services in New Hampshire thanks to new license-based regulations and requirements. Poloniex is giving New Hampshire customers until October 6 to withdraw their funds. Anyone who misses the deadline will have “view-only” access until relations are re-established in the “Live free or die” state. Poloniex has announced it is....

Poloniex Exchange Suspends All New Hampshire Accounts Due to Govt Regulations

Online Cryptocurrency exchange Poloniex has announced an end to service in New Hampshire. Due to regulatory changes, the exchange has announced it will be suspending all accounts from opening new margin positions. All New Hampshire customers are asked to close out all current orders and suspend their accounts indefinitely. In a notice posted on the exchange’s website, as well as sent to select users, Poloniex explains its struggle to maintain services despite a rapidly changing regulatory environment: “Our legal team is working closely with the State of New Hampshire Banking Department and....

New Hampshire Bitcoiners Testify to State Regulators

New Hampshire has a well-earned reputation for being one of the most libertarian, progressive, and affluent municipalities in the United States. And we have covered its natural love of the revolutionary digital currency Bitcoin here at CCN. Now, the one of the smallest states in the Union is looking to take a leading step in United States history with the proposal to allow New Hampshire residents to pay taxes and other state-sanctioned fees in Bitcoin. New Hampshire looking to work with Bitcoin. New Hampshire House Bill "NH HB552", introduced February 12th by eight New Hampshire state....

New Hampshire: The Bitcoin Capital of America

Just recently. Overstock.com began accepting Bitcoin payments. The launch was a massive success, with the company seeing over $125,000 in sales. After less than a week, Overstock has decided to share some statistics on its Bitcoin transactions. The items most purchased with Bitcoin were: Sheets. Cell phone cases. Flash drives. Bath towels. And the number one state for purchases? New Hampshire. New Hampshire had the most transactions per capita, about 14.36 per million residents. Image from Business Insider. Of course, it hasn't really been much time since Bitcoin launched on Overstock.....